An Organization That Increases Its Quality Can Improve Its Profits

question 63

Multiple Choice

An organization that increases its quality can improve its profits by _____ the prices of its products due to increased reliability and _____ its operating costs due to increased productivity.

• A)decreasing; reducing
• B)reducing; increasing
• C)increasing; increasing
• D)increasing; reducing
• E)discounting; increasing

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Definitions:

Public Goodwill

Positive public perception or favor towards a person, organization, or brand, often built over time through ethical behavior and community engagement.

Deductive Approach

The deductive approach is a logical process in research and reasoning that starts with a general statement or hypothesis and examines the possibilities to reach a specific, logical conclusion.

Sales Promotional Material

Documents or media utilized to increase awareness or sales of a product or service.

Counterproposal

An alternative proposal made in response to an original offer that does not meet one's satisfaction.